Private Equity | Kenya | Open
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Living Walls Africa is a construction company focused on delivering the highest quality, cost-effective construction projects on the market. Established in 2022, Living Walls Africa is dedicated to working with people who would otherwise be overlooked. Although the company works with clients across all sectors - commercial, residential, industrial and infrastructure - the company's primary focus is to provide housing solutions for younger populations and low-income earners.
Of the 300,000 housing units needed every year (on top of an existing deficit of 2,000,000 units), developers, builders and the government have largely neglected the low-income sector. 50,000 formal residential units are built every year in Kenya, of which a paltry 1,000 units (or 2%) are for the low-income sector. 56% of Kenya's urban population live in slums, creating a large unmet demand for formal low-income housing. Urban slums housing are built informally and often times lack water, electricity, sewage, toilets, showers and other basic amenities, creating incubators for disease transmission and kindling for fire.
The goal at Living Walls Africa is to be a leader in Kenya to meet this challenge, ensuring that people live with dignity and can achieve their dreams of home ownership, setting them on a path towards financial stability and a more secure future. Living Walls Africa has a dedicated team of people as well as the design and build technologies needed to achieve this goal. The company aspires to be able to deliver 50,000 low-income housing units per year.